Find the optimal solution for the following problem. (Round your answers to 3 decimal places.)
1 answer:
Answer:
x=2.125
y=0
C=19.125
Step-by-step explanation:
To solve this problem we can use a graphical method, we start first noticing the restrictions and
, which restricts the solution to be in the positive quadrant. Then we plot the first restriction
shown in purple, then we can plot the second one
shown in the second plot in green.
The intersection of all three restrictions is plotted in white on the third plot. The intersection points are also marked.
So restrictions intersect on (0,0), (0,1.7) and (2.215,0). Replacing these coordinates on the objective function we get C=0, C=11.9, and C=19.125 respectively. So The function is maximized at (2.215,0) with C=19.125.
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The stronger the evidence is against the null hypothesis, the higher the divergence from it.
What do you mean by null hypothesis ?
A statistical hypothesis known as a null hypothesis asserts that no statistical significance can be found in a collection of provided observations. Using sample data, hypothesis testing is performed to judge a theory' veracity. It is sometimes referred to as just "the null," and its symbol is . To determine if a theory regarding markets, investing methods, or economies is correct or wrong, quantitative analysts employ the null hypothesis,
The null hypothesis states that the percentage of the population who works full time is 0.45.
As a result, 450 persons who are randomly selected from a population of 1000 work full-time.
A different hypothesis states that the ratio is higher than 0.45.
In the options provided, the proportion for the first option is 300/1000, or 0.3.
In the second choice, 500/1000 equals 0.5
Third alternative: 700/1000 = 0.7
Therefore, the stronger the evidence is against the null hypothesis, the higher the divergence from it.
To learn more about the null hypothesis from the given link.
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